Market
How will the SEC's crypto regulatory approach change by end of 2025?
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SEC•Donald Trump•White House•Wall Street Journal•Gary Gensler•Binance•Coinbase•Kraken•Trump•WilmerHale•Circle
Resolution / Starting Odds
Significantly eased • 25%
Moderately eased • 25%
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Increased regulation • 25%
Official SEC policy documents and press releases
Story
SEC May Ease Crypto Legal Battles, Paving Way for Solana ETF Under Trump
Dec 3, 2024, 03:02 PM
The U.S. Securities and Exchange Commission (SEC) may ease its legal battles against cryptocurrency exchanges following Donald Trump's return to the White House, according to a Wall Street Journal article. Under the leadership of Chairman Gary Gensler, the SEC had initiated legal actions against platforms like Binance, Coinbase, and Kraken. However, with Trump's pro-crypto stance, the next SEC chair might pause most of these lawsuits, reducing regulatory hurdles for the cryptocurrency industry. Experts from WilmerHale suggest that while the SEC's approach to crypto policy could change, enforcement actions are unlikely to stop entirely. This shift in policy could also open up initial public offering (IPO) opportunities for crypto companies like Circle and Kraken, which had faced SEC scrutiny in the past. Additionally, there is an expectation that a Solana ETF might be accepted fairly quickly under the new administration.
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Similar markets
Anti-crypto • 25%
Unclear • 25%
Neutral • 25%
Pro-crypto • 25%
Increased enforcement actions • 25%
No significant actions • 25%
Clarification of existing rules • 25%
New crypto-specific rules • 25%
Minor adjustments to existing policies • 25%
Full policy overhaul with new guidelines • 25%
Other • 25%
No significant changes • 25%
Other • 25%
No significant change • 25%
Increased regulations • 25%
Decreased regulations • 25%
Shift to rulemaking • 25%
Continued regulation-by-enforcement • 25%
Increased collaboration with crypto companies • 25%
No significant change • 25%
No significant change • 25%
More crypto-friendly • 25%
Less crypto-friendly • 25%
Uncertain • 25%
Tax exemption for crypto • 25%
Other • 25%
Introduction of a digital dollar • 25%
Stricter regulations • 25%